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Financial analyst

Location:
Bartlett, IL
Posted:
June 14, 2014

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Resume:

847-***-****

Bartlett, IL ***** acekbh@r.postjobfree.com

Daniel C. Schrader

S ummary

S killed and knowledgeable financial professional with a demonstrated ability to

s treamline processes, analyze complex f inancial situations, successfully turn -around and

l ead an underperforming team, and create new methods for the tracking of data. Holds

d ual specialization Master of Business Administration, in Finance and Accounting, and

h a s s uccessfully completed the e xam for c ertification as a Certified Public Accountant.

E ducation

M aster of Business Administration – C olorado T echnical University

Dual Concentration in Finance and Accounting

B achelor of Arts – U niversity o f Illinois at Chicago

Music

C ertifications

Certified Public Accountant – in progress, all test sections completed. Receipt of certificate pending

Experience

07/2013 – Present Power Solutions International Wood Dale, IL

F inancial Analyst – C orporate

Perform monthly, quarterly, and year-to-date budgetary variance analysis for all departments within

organization. Identify causes, determine permanence, and recommend remedies to identified variances.

Assist in development of sales forecast and P/L budgets on annual and on-going basis.

Track labor expense for all employees engaged in production and handling of inventory. Design analysis

tool to examine and calculate various cost metrics associated with labor. Generate report for use by

Continuous Improvement Manager.

Serve as point of contact for CFO and COO in $61 million acquisition of Professional Power Products, Inc.

Conduct full financial review and analysis of target's historical financial statements, create forecasts based

on various scenarios over five year, generate various returns on investment using specified hurdle rates, and

assist in creation of pro forma financial statements and opening balance sheet. Create presentation for Board

of Directors.

Develop and maintain model which allows for analysis and forecasting using various performance

scenarios, financing arrangements, and return methods.

Compile quarterly analysis report of competitors and peers within the industry sector for CFO. Provides for

benchmarking and comparison of various performance metrics.

Assist Financial Reporting Manager with creation and review of SEC filings.

Compile engine sales by week and month to provide graphical comparison to labor performance both over

time and within period. Perform quarterly analysis of sales, dividing sales into region, customer, and

industry. Analyze sales for applicability of Illinois sales and use tax. Present recommendations for

completion of monthly tax forms.

Research accounting treatment of various complicated scenarios as requested by VP of Finance.

Assist CFO and VP of Finance with ad hoc reporting as necessary.

05/2010 – 07/2013 Career Education Corporation Schaumburg, IL

L ead Finance Supervisor

Led team responsible for high risk and unresolved accounts. Ensured that population and production goals

are met weekly and monthly. In a six month period, the team had resolved an average of 723 accounts per

month exceeding management expectations by 137%.

847-***-**** acekbh@r.postjobfree.com

D aniel C. Schrader

Was able to reduce at risk revenue from $9.36M to $3.80M within six months by resolving accounts.

Reduced average revenue at risk from 3% to 1% of total revenue for group.

Developed and maintained analytic tools designed to minimize error, track areas of improvement, increase

productivity. Created certified loan origination adjustment calculator and account error reconciliation.

Continuously identified areas of opportunity.

Addressed unresolved account population by introducing new reporting methods and analysis of data

resulting in increased transparency and redesigned methodologies.

Ran various scenarios to determine future account workload based upon historical data.

Reduced average account discharge to final collections by 50% per 45-day cycle by accurately identifying

non-progressing accounts.

Oversaw $1.86 million allotment of federal grant, ensuring both the maximum application of available

funds as well as reassignment of unused funds. The effort of the continual analysis had ensured the usage of

funds remains on forecast throughout the fiscal year.

Minimized lost revenue occurrences by quickly and accurately assessing ledger information and data

supporting claim for refund.

Routinely conducted random account audits to ensure high level of compliance in the application of

government and corporate regulations.

Ensured accuracy and eligibility of corporate tuition reimbursement funds for assigned group to be

dispersed totaling $1.6M per calendar year. Streamlined processing of reimbursement requests and

verification resulting in revenue recovery of $200K per calendar year.

Generated ad hoc reporting as requested by management.

O ther Work Experience

03/2013-Present Burke Financial Services Bartlett,

IL

Staff Tax Accountant, Part-time

07/2007-4/2010 American Chartered Bank Schaumburg,

IL

Personal Banker-IRA Product Specialist

Awards and Recognitions

In a global business strategy simulation (BSG), including 342 teams comprised of MBA students

across 34 universities, individually designed and managed simulated company placed:

o 1st overall, 1st earnings per share, 16th return on average equity, 1st stock price

A reas of Strength

Able to analyze and understand trends Excellent collaborator capable of working within

immediate group and with internal and external

Capable of working in government regulated

stakeholders

business environment

Problem solver, including “what if” scenarios

Microsoft Office Suite expert including

advanced Microsoft Excel functions: macros, Quick identification of financial risks and

multiple nested formulas, index/matching, opportunities

and V-lookup. Able to create advanced QuickBooks and ProSeries Professional

modeling tools

Highly analytical

Understanding of GAAP, IFRS, and GAAS

Quick and astute learner

Experience with ERP, including PeopleSoft,

SQL experience

Epicor, DIS

Capable of completing financial forecast models

Experience with mergers and acquisitions

including: IRR, MIRR, and NPV

S ocial Media

View my profile on LinkedIn at www.linkedin.com/in/danielschradermba/



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